Announcements

27 April 2022 SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE in discussions with Abundance Investment Limited regarding Atlantis Ocean Energy PLC debentures SAE has entered into discussions with Abundance Investment Limited regarding extending the timing of the repayment of the Atlantis Ocean Energy PLC debentures. As previously…

25 April 2022 SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE announces new CFO to drive forward the delivery of its projects SAE is pleased to announce that Mr Simon Hirst has been appointed as an Executive Director of the Company and will serve as the Group Chief…

SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE secures funding from Scottish Enterprise to get tidal turbines back in the water SAE is delighted to announce that MeyGen has secured a non-convertible loan of £2.5m from Scottish Enterprise, which will enable the redeployment of the remaining two turbines…

22nd March 2022 SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE signs Heads of Terms to progress Uskmouth Sustainable Energy Park SAE is continuing to progress the development of the Uskmouth site into a sustainable energy park. To facilitate this, SIMEC Group, a c.29.7% shareholder in the Company…

SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE successfully re-deploys world’s most powerful tidal turbine SAE is pleased to announce the successful re-deployment of its AR1500, 1.5MW turbine, at its MeyGen site. The turbine has been out of the water for upgrade and maintenance work. It is now…

25 February 2022 SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) BLOCK LISTING SIX MONTHLY RETURN Name of applicant: SIMEC Atlantis Energy Ltd. Name of scheme: SIMEC Atlantis Energy Company Share Option Plan SIMEC Atlantis Energy Company Long Term Incentive Plan Period of return: From: 20 August 2021 To:…

SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) Completion of EASME pitch system project SAE, together with its partner Asturfeito, is pleased to announce the successful completion of the European Commission’s Executive Agency for Small and Medium-sized Enterprises (EASME) tidal turbine pitch system development project. The pitch system connects…

27 January 2022 SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) Uskmouth update SAE is pursuing a phased approach to the Uskmouth Conversion Project, which will not require the additional infrastructure, such as storage silos, referred to within the planning application as the “Operational Development”. SAE has notified Planning…

17 December 2021 SIMEC Atlantis Energy Limited (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) Grant of Options – Executive Directors  SAE announces that on 16 December, under the terms of the Company’s long term incentive plan (“LTIP”), the Board has approved the award and grant of options over 20,300,000 Ordinary Shares in…

16 December SIMEC ATLANTIS ENERGY LIMITED (“SAE”, “Atlantis”, the “Company” and, together with its subsidiaries, the “Group”) Company Update Uskmouth update SAE is engaging with Welsh Government on the application to vary our existing environmental permit for the Uskmouth power station. Having gone through the process with Natural Resource Wales (NRW) and demonstrated that the…